Yahia.Awes
Long

#USOIL in a bullflag, long here tight stops

FX:USOIL   CFDs on Crude Oil (WTI)
1289 15 24
Looks like a bullflag to me, the horizontal support is holding for the third time. This time there is a nice bullish divergence in the RSI to see.

Shorting this makes no sense to me at least the first target is 49. Further details are in the chart. Remember I post when HOT, this chart is posted HOT.
Comment: Breakout traders we broke up too hard... >.<
snapshot
Comment:
snapshot
Comment: 30 min uptrend channel
snapshot
What do you think. Any chance that was a false break or is the bullish case over?
Reply
Yahia.Awes tbuckle
As you can see it has been fallen out of the 30min channel I posted above. I cannot update the idea every second, so this is the base for a setup, but I might change my mind when the market decides other.
Reply
tbuckle PRO Yahia.Awes
So you think for the time being the bull flag is invalidated since the channel broke, however, things could change and that might have been a false break....correct?
Reply
thans for sharing chart vvvv great knowledge
Reply
snapshot


Price went, wick was delicious
Reply
I smell the 55-60 area could be a magnet.
Reply
OmegaJ Yahia.Awes
got to break that purple line... =)
Reply
Once that goes away could become unstopable
Reply
OmegaJ Yahia.Awes
Loaded tons of shorts at the wick.. superb r/r. Loading more after breakout hehe
Reply
OmegaJ OmegaJ
longs*
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out